Long Acre Life’s view from the top: Regulation and the new normal

As the financial services industry digests a wave of incoming regulation and adjusts to a new climate, Financial News asked leading executives whether regulators and policymakers were beginning to adopt a more realistic approach and whether the financial industry begun to accept a “new normal”. David Norgrove, Chairman of PensionsFirst and Long Acre Life, suggested …

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Natixis examines French economic policy on IFR

In a bid to eliminate the structural problems currently hitting his country’s economy, French president Francois Hollande announced a significant policy shift towards stimulating supply last month. In response, Patrick Artus, chief global economist at  Natixis, explains in International Financing Review why we should welcome the move away from demand-side socialism – but we should not expect …

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Standard and Poor's: European growth slump drags on corporate credit prospects in 2013

As revealed in it’s latest report, Standard & Poor’s anticipates that the European speculative-grade default rate will rise to 6.8% by the end of 2013, driven by the still deteriorating credit quality of companies assigned private credit estimates, weak eurozone economy, and looming debt maturities. Targeting the buyside media, Moorgate secured coverage of the report …

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BNY Mellon expands Treasury Services team

BNY Mellon, the global leader in investment management and investment services, has expanded its Treasury Services team by appointing Edith Rigler to the role of Business Strategy and Market Solutions Market Manager for Treasury Services EMEA. Moorgate facilitated this announcement by drafting the press release and circulating it to a select list of sector publications. …

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Italian government bond yields spike on Tradeweb

Mario Monti, the Italian prime minister, surprised financial markets with the announcement he will resign following the next Italian budget. Following the news, the Italian stock market fell over 2% and yields on Italy’s 10-year benchmark bond (the BTP) experienced their largest single-day increase since September 2011, climbing from 4.55% to 4.83%. Clearly, the announcement …

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S&P Capital IQ shows health of European corporates seeking fresh pastures

Even with a stagnant economy, European corporates need to deliver value to their shareholders through earnings growth in the years ahead. S&P Capital IQ analysis – by Solutions Architect, Andrew Lecocq, and Managing Director, Silvina Aldeco-Martinez – shows how they might do that through overseas M&A. Indeed, in a by-lined commentary article published by Finance Magazin (in German) and CFO-Insight.com (in …

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Value of pension schemes using PensionsFirst’s technology tops £80bn with addition of RSA and Heineken

This week both RSA, the leading global insurer, and Heineken, the international beer and cider company, announced their adoption of PensionsFirst’s award-winning risk management platform, PFaroe to manage their defined benefit pension risk exposures. With the addition of these two names, PFaroe is now being used by more than 30 pension plans representing over £80bn of …

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Central banks are looking in the wrong place, says Natixis

In his most recent blog for FTSE Global Markets, Patrick Artus, chief global economist at Natixis, is concerned that central banks in the US, the UK and the euro zone are disregarding the effects of their highly expansionary monetary policies. While such strategies aim to stimulate growth, Artus points to similar, unhelpful central bank behaviour …

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Falcon chairman responds to FT article on alternative financiers

Kamel Alzarka, chairman and founder of Falcon Group, writes to the FT in response to an article containing Lord Turners comments on the “good and bad cholesterol” of shadow banks (November 19th). To read Lord Turner’s article, please click here To read Kamel Alzarka’s response, please click here

Natixis considers the Irish recovery in Investment Europe

Ireland seems to be on the road to economic recovery, with falling government bond yields and credit ratings agencies raising their outlook for the economy. But in a guest commentary for Investment Europe, Rene Defossez, fixed-income strategist at Natixis, argues that these developments must be put into perspective. Austerity measures continue to leave imprints on …

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